The single-family property located at 20 Coastline Drive in Newport Coast with a total of 0.78 acres was recently sold for $38,000,000. The transaction involved a spacious 18,336 square feet home, equating to a price per square foot of $2,072. The sale was finalized on 05/13/2024 and set a record as Orange County's most expensive home sale this year.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $38,000,000
• Address: 20 Coastline Drive
• Market: Newport Coast
• Buyer: Tony Huang
• Seller: Thomas & Annette Haigh
• Buyer's Rep: Michelle Linovitz - Coldwell Banker
• Seller's Rep: Marcy Weinstein & Rex McKown - Compass

The $38 million mansion was bought by a trust linked to Tony Huang from Las Vegas-based. The property was previously owned by Thomas and Annette Haigh, who acquired the land for $8.5 million and constructed the luxurious home. The deal, which was not publicly marketed, was facilitated by Compass and Coldwell Banker Realty, representing the seller and buyer, respectively.